Harris Ranch

RCLCO Real Estate Advisors (“RCLCO”) and Launch Development Finance Advisors (“Launch”) have updated the financing mechanisms used by the RCLCO’s Top Selling Master Planned Communities for the year end 2018.  See how MPC are financing their infrastructure by clicking on the link below to see the updated list.

RCLCO/Launch Top 50 2018 Financing Report

Skye Canyon – Phase III 

Las Vegas, Nevada 

$12,500,000 

Average Yield: 4.92 % 

Maximum Term: 30 years 

Value-to-Lien Ratio: 4.1 to 1 

Average Assessment Per Unit: $9,750 

Launch Development Finance Advisors working with our client, KAG Property, LLC (“KAG”); the City of Las Vegas, and Stifel Nicolaus closed the above transaction in late December 2018 to reimburse KAG for regional roadway, water and sewer improvement costs.

For more information or how Launch Development Finance Advisors can assist in the financing of infrastructure costs associated with your project, contact Carter Froelich, CPA at 480-874-4355 or email at carter@launch-dfa.com.   

www.launch-dfa.com

Rainbow Canyon – Phase I

Henderson, Nevada

$17,805,000

Average Yield: 5.18%

Maximum Term: 30 years

Value-to-Lien Ratio: 7.49 to 1

Average Assessment Per Unit: $12,745

Underwriter: Stifel Nicolaus

Purpose: To reimburse the developer for costs of regional roadway, water and sewer improvements related to the development of Phase I of Rainbow Canyon located on the North Shore of Lake Las Vegas. 

RCLCO Real Estate Advisors (“RCLCO”) and Launch Development Finance Advisors (“Launch”) have updated RCLCO’s list of the Top  Selling Master Planned Communities to include information related to those projects incorporating special purpose taxing districts to finance public infrastructure. Click on the link below to see the updated list.

RCLCO/Launch Top 50 Financing Report

The City of Buckeye, Arizona held a meeting with the development community on October 4, 2018 to discuss the possibility of establishing a water and sewer capacity fee.  See the link below related to the capacity fee meeting agenda and powerpoint presentation.

Buckeye Capacity Fee Oct 4 2018